Press release: 2023 Combined Shareholders’ Meeting renews the composition of the Orange Board of Directors

Written by Customer Service on May 23, 2023. Posted in Public Companies.

Press releaseParis, 23 May 2023 2023 Combined Shareholders’ Meeting renews the composition of the Orange Board of Directors Today’s Shareholders’ Meeting, chaired for the first time by Jacques Aschenbroich, approved all the resolutions put to the shareholders by the Board of Directors, including the appointment of two new directors, Momar Nguer and Gilles Grapinet, who will strengthen the skills and expertise of the Board. Momar Nguer will bring his international expertise to the Board, having worked for TotalEnerges in Africa and France for many years. His experience in the governance of large groups will strengthen Orange’s Governance and Corporate Social Responsibility Committee (CGRSE), chaired by Anne-Gabrielle Heilbronner. Gilles Grapinet will strengthen the Board’s financial expertise. Gilles Grapinet, currently CEO of Worldline,...

SolarWindow Appoints New Directors and Auditor to Korean Subsidiary

Written by Customer Service on May 23, 2023. Posted in Public Companies.

SolarWindow Appoints New Directors and Auditor to Korean Subsidiary SolarWindow Appoints New Directors to Korean Subsidiary SCOTTSDALE, Ariz., May 23, 2023 (GLOBE NEWSWIRE) — SolarWindow Technologies, Inc. (symbol WNDW; www.solarwindow.com) is providing this update to its March 22, 2023 press release which announced that it had taken legal action permitting SolarWindow Asia Co. Ltd., the Company’s Korean Subsidiary (“SolarWindow Asia”), to hold an Extraordinary Shareholder Meeting (“ESM”) to authorize the removal of SolarWindow Asia’s directors and auditor. The Company was forced to initiate legal proceedings because, despite numerous requests made to SolarWindow Asia’s Representative Director John Rhee, who at the time was also a member of the Company’s Board of Directors, the South Korean subsidiary failed to provide financial,...

Rackspace Technology Works with CCS Presentation Systems to Complete Complex Cloud Transition and Improve Security, Scalability, and Productivity for the Leading Audio-visual Integrator

Written by Customer Service on May 23, 2023. Posted in Public Companies.

CCS optimized its remote workforce and reduced its Total Cost of Ownership with a move to a cloud-native environment SAN ANTONIO, May 23, 2023 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced that audio-visual Integrator, CCS Presentation Systems, completed a complex cloud transition and improved security, scalability and productivity with a move to a cloud-native environment while optimizing its remote workforce and reducing its Total Cost of Ownership (TOC) with Rackspace Technology consulting and advisory services and Rackspace Elastic Engineering for Microsoft® Azure®. CCS Presentation Systems is a leader in the commercial audio-visual integrator industry; CCS helps clients present a better image of themselves through technology. Founded 1981...

Chalice Obtains Initial Order under Companies’ Creditors Arrangement Act (Canada) and Commences State Receivership under Oregon State Law

Written by Customer Service on May 23, 2023. Posted in Public Companies.

Orders Stay Creditors from Enforcing Claims TORONTO, May 23, 2023 (GLOBE NEWSWIRE) — Chalice Brands Ltd. (CSE: CHAL) (“Chalice” or the “Company”) announced today that the Company has obtained an order (the “Initial Order”) from the Ontario Superior Court of Justice (Commercial List) (the “Court”) granting protection under the Companies’ Creditors Arrangement Act (Canada) (“CCAA”) as well as commenced a process in the Circuit Court of the State of Oregon for an order (the “Receivership Order”) granting the appointment of an Oregon state receiver over certain of Chalice’s subsidiaries (the “Receivership Entities” and the process, the “State Receivership”). In accordance with the Initial Order, all creditors of Chalice, as well as creditors of all of the Company’s subsidiaries (such subsidiaries, the “Non-Filing Affiliates”), will...

Adevinta ASA (ADE) – Adevinta reports strong Q1 financial performance in soft macro-economic environment; significant progress in executing the Growing at Scale strategy

Written by Customer Service on May 23, 2023. Posted in Earnings Releases And Operating Results.

Further acceleration in Core markets revenue growth : +15% year-on-year, driven by outstanding performance at mobile.de Total consolidated revenues at €435m, up +14%1 yoy Total consolidated EBITDA of €145m and reported margin of 33.4% 2023 financial targets confirmed Oslo, 23 May 2023 – Adevinta ASA (ADE) (“Adevinta” or “the Company”) reported an acceleration of revenue growth of 15% for Core Markets in the first quarter compared to the same period last year. This was as a result of outstanding performance in mobile.de, benefiting from both a positive price and volume effect, and continued strong performance in other segments. Online classifieds revenues improved by 18%, supported by strong double-digit revenue growth in Mobility which benefited from the successful price increase implemented in April last year, the recovery of...

DTE Energy names new Energy Supply and Gas Sales & Supply leaders

Written by Customer Service on May 23, 2023. Posted in Public Companies.

New leadership will support DTE’s electric and natural gas companies serving customers across Michigan Detroit, May 23, 2023 (GLOBE NEWSWIRE) — DTE Energy (NYSE:DTE) today named two new leaders of its electric and natural gas companies. Inderpal Deol was named vice president, Energy Supply, and Henry (HJ) Decker was named vice president, Gas Sales & Supply. “At DTE, we’re transforming to deliver customers a more reliable, modern grid using the right balance of energy sources that make the most sense for Michigan. Both Inderpal and Henry have a deep history with our company and will play critical roles as we accelerate our efforts to generate cleaner, more affordable energy,” said Jerry Norcia, DTE chairman and CEO. “The strength of DTE is and continues to be our people, and I’m proud to have such talented and dedicated team...

Toro Corp. Reports Net Income of $22.0 Million for the Three Months Ended March 31, 2023

Written by Customer Service on May 23, 2023. Posted in Earnings Releases And Operating Results.

LIMASSOL, Cyprus, May 23, 2023 (GLOBE NEWSWIRE) — Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months ended March 31, 2023. Highlights of the First Quarter Ended March 31, 2023: Total vessel revenues: $31.2 million, as compared to $16.8 million for the three months ended March 31, 2022, or a 85.7% increase; Net income: $22.0 million, as compared to $1.2 million for the three months ended March 31, 2022, or a 1,733.3% increase; Earnings (basic) per common share: $2.29 per share, as compared to $0.13 per share for the three months ended March 31, 2022; EBITDA (1): $24.1 million, as compared to $3.4 million for the three months ended March 31, 2022; Cash and restricted cash of $67.9 million as of March 31, 2023, as compared...

Resonate Blends Provides Shareholder Update

Written by Customer Service on May 23, 2023. Posted in Mergers And Acquisitions.

The Company Signs a Non-Binding Letter of Intent for a Transformational Transaction Pegasus Specialty Bus Pegasus Specialty Vehicles, LLC signs LOI to be acquired by Resonate Blends, Inc. CALABASAS, Calif., May 23, 2023 (GLOBE NEWSWIRE) — Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate Blends” or the “Company”) is pleased to report it has entered into a non-binding letter of intent (“LOI”) to complete an acquisition of Pegasus Specialty Vehicles, LLC (“Pegasus”). A Letter to Shareholders from Resonate’s Chairman and CEO Geoff Selzer follows: Dear Shareholders, When Resonate Blends first entered the public sector in late 2019, we made clear our mission was to provide shareholder value for the investors who believed in our commitment of demystifying cannabis to the emerging wellness market and creating innovative products designed...

ILUS Confirms Its First Quarter of 2023 Results

Written by Customer Service on May 23, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, NY, May 23, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – ILUS International Inc. (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety, industrial, defense and renewable sectors. ILUS’ recently filed quarterly report confirms a 557% Revenue Increase, 44% Increase in Net Profit, and 630% increase in Balance Sheet over its previous year’s first quarter results. Financial highlights from the First Quarter of 2023 report include Revenue of $19,810,011, Net Profit of $914,662 and a Balance Sheet of $251,012,532. The results further confirm the progress made by the company, while also highlighting key areas for expansion, optimization, and transformation. “We have made progress in vital areas of the business and are pleased with the overall results as well as the prospects...

Castor Maritime Inc. Reports Net Income of $10.8 Million for the Three Months Ended March 31, 2023; Spin-Off of Tanker Business Completed on March 7, 2023

Written by Customer Service on May 23, 2023. Posted in Earnings Releases And Operating Results.

LIMASSOL, Cyprus, May 23, 2023 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months ended March 31, 2023. Highlights of the First Quarter Ended March 31, 2023: Total Vessel Revenues from continuing operations: $24.5 million for the three months ended March 31, 2023, as compared to $37.8 million for the three months ended March 31, 2022, or a 35.2% decrease; Net income of $10.8 million for the three months ended March 31, 2023, as compared to $20.0 million for the three months ended March 31, 2022, or a 46% decrease; Net (loss) / income from continuing operations: $(6.5) million for the three months ended March 31, 2023, as compared to $18.5 million for the three months ended March 31, 2022, or a 135% decrease; (Loss)...

Day: May 23, 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice